Company Registration No. SC194721 (Scotland)
Hamilton Community Stadium Ltd
Unaudited accounts
for the year ended 31 March 2025
Hamilton Community Stadium Ltd
Unaudited accounts
Contents
Hamilton Community Stadium Ltd
Company Information
for the year ended 31 March 2025
Directors
S Hetherington
S Struthers
Company Number
SC194721 (Scotland)
Registered Office
NEW DOUGLAS PARK
CADZOW AVENUE
HAMILTON
LANARKSHIRE
ML3 0FT
Hamilton Community Stadium Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,230,000
1,242,376
Cash at bank and in hand
8,065
33,672
Creditors: amounts falling due within one year
(42,730)
(39,229)
Net current (liabilities)/assets
(10,602)
1,046,618
Total assets less current liabilities
1,219,398
2,288,994
Creditors: amounts falling due after more than one year
(2,705,628)
(3,083,503)
Provisions for liabilities
Other provisions
-
(69,147)
Net liabilities
(1,486,230)
(863,656)
Called up share capital
200,000
200,000
Profit and loss account
(1,686,230)
(1,063,656)
Shareholders' funds
(1,486,230)
(863,656)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by
S Struthers
Director
Company Registration No. SC194721
Hamilton Community Stadium Ltd
Notes to the Accounts
for the year ended 31 March 2025
Hamilton Community Stadium Ltd is a private company, limited by shares, registered in Scotland, registration number SC194721. The registered office is NEW DOUGLAS PARK, CADZOW AVENUE, HAMILTON, LANARKSHIRE, ML3 0FT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Heritable Property - straight line over 50 years
Plant & machinery
Straight Line over 4 years
The company relies on continued support of it's secured creditors, subject to certain conditions this support will continue and accordingly the Directors believe that preparation under going concern is appropriate.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
4,072,136
715,942
4,788,078
Disposals
-
(12,376)
(12,376)
At 31 March 2025
4,072,136
703,566
4,775,702
At 1 April 2024
2,872,136
673,566
3,545,702
At 31 March 2025
2,872,136
673,566
3,545,702
At 31 March 2025
1,200,000
30,000
1,230,000
At 31 March 2024
1,200,000
42,376
1,242,376
Hamilton Community Stadium Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
-
582,283
Deferred tax asset
-
72,395
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(12,373)
(10,771)
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
2,581,270
2,473,503
Loans from directors
124,358
130,000
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).